Looking for a commercial residential for sale? These mixed-use properties offer flexibility and income potential, blending business space with residential living. Whether you’re an investor, entrepreneur, or buyer seeking passive income, commercial-residential real estate presents excellent long-term value.

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33 665 Millway Avenue
Concord Vaughan L4K 3T8

$115,000 /For Sale
Commercial

Main Photo: 33 665 Millway Avenue in Vaughan: Concord Commercial for sale : MLS®# N13093812
Photo 1: 33 665 Millway Avenue in Vaughan: Concord Commercial for sale : MLS®# N13093812
Photo 2: 33 665 Millway Avenue in Vaughan: Concord Commercial for sale : MLS®# N13093812
Photo 3: 33 665 Millway Avenue in Vaughan: Concord Commercial for sale : MLS®# N13093812
Photo 4: 33 665 Millway Avenue in Vaughan: Concord Commercial for sale : MLS®# N13093812
Photo 5: 33 665 Millway Avenue in Vaughan: Concord Commercial for sale : MLS®# N13093812
Photo 6: 33 665 Millway Avenue in Vaughan: Concord Commercial for sale : MLS®# N13093812
Photo 7: 33 665 Millway Avenue in Vaughan: Concord Commercial for sale : MLS®# N13093812
Photo 8: 33 665 Millway Avenue in Vaughan: Concord Commercial for sale : MLS®# N13093812
Photo 9: 33 665 Millway Avenue in Vaughan: Concord Commercial for sale : MLS®# N13093812
Photo 10: 33 665 Millway Avenue in Vaughan: Concord Commercial for sale : MLS®# N13093812
Photo 11: 33 665 Millway Avenue in Vaughan: Concord Commercial for sale : MLS®# N13093812
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13093812
Bus Major:
Restaurant
Excellent Opportunity to Own a Korean & Japanese Restaurant with Stable Income and Loyal Clientele! Strategically located at Millway Ave & Langstaff Dr with great visibility and ample parking. Affordable rent of $2,944.66/month including TMI, HST, and water. LLBO licensed for 16 seats. Fully equipped with commercial hood and ready for operation. Currently operating as take-out only, offering strong potential to increase revenue by adding dine-in service. Flexible layout allows conversion to other cuisine concepts. Lease term includes 5 years with an additional 5-year renewal option. Turnkey business ideal for owner-operators or investors. SOLD "AS IS"
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Approx. Age:
16-30
Total Area:
1500 sq. ft. Square Feet
Total Area:
1,500 sq. ft.
Retail Area:
900 sq. ft. Sq Ft
Industrial Area:
600 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
2.0
Water supply:
Municipal
Soil Test:
No
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
30/60/90 TBA
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
York
Vaughan
Concord
Public Transit
Yes
None
No
No
UFFI:
No
Utilities:
Yes
Sewers:
Sanitary+Storm Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 5 Days
Hours Open:
11am-2pm 4pm-8pm
Employees:
1
Chattels:
Yes
LLBO:
Yes
Outside Storage:
No
Seats:
26
Date Listed:
May 07, 2026
Original Price:
Previous Price:
  • Photo 1: 33 665 Millway Avenue in Vaughan: Concord Commercial for sale : MLS®# N13093812
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Listed by FIRST CLASS REALTY INC.
Data was last updated May 7, 2026 at 03:15 AM (UTC)
DARYL  KING
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Why Choose a Commercial Residential Property?

Dual Income Potential – Earn from both residential tenants and commercial leases
Ideal for Business Owners – Live and work in the same space or rent one out
High Demand in Urban Centers – Great appreciation in key GTA neighborhoods
Tax Benefits – Potential deductions for property taxes, mortgage interest, and depreciation

Explore Commercial Residential Across the GTA

From downtown Toronto storefronts with apartments above to suburban mixed-use lots, the GTA offers diverse opportunities. Consider locations like:

  • Hamilton & Durham – More affordable options with upside potential
  • Toronto Core – High foot traffic and visibility
  • Vaughan & Richmond Hill – Rapid suburban growth

Tips for Buying a Commercial Residential Property

Make sure to research zoning laws, expected rental yields, and property management needs. Consult professionals for financing, legal advice, and inspections.

Start Your Search for a Commercial Residential Property Today

Browse our listings to find a property that suits your investment goals or lifestyle. Whether you’re expanding a business or building long-term equity, now is the time to invest in this versatile property type.

lore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Commercial Residential for Sale

1. What is a commercial residential property?
It’s a mixed-use property that combines residential living space with commercial units, like retail or office.

2. Are these properties good investments?
Yes. They offer dual income streams and strong appreciation in high-growth areas.

3. Can I live in the residential portion and rent the commercial part?
Absolutely. Many owners choose to occupy one space and lease the other for income.

4. What financing options are available?
You may need a commercial mortgage or mixed-use loan; rates and terms vary from traditional home loans.